Did you know that 37% of all the millions of pages on the Internet, in any language or anywhere, are supported by WordPress? Yes, it is, and now hundreds of them are passively earning cryptos thanks to a WordPress Plugin.
Is that the arrival of this new plugin, a few months ago, has already resulted in more than 300 sites earning cryptocurrencies in WordPress. What a surprise!
This plugin called, “Wpcryptoexchange” was released last April, by Draper’s partner Goren Holm, Alon Goren.
The WordPress Plugin that allows you to earn crypto
In April, Goren developed the “Crypto Exchange WordPress plugin” better known as “Wpcryptoexchange”. Based on Totle technology, which is a wallet that allows you to access different crypto exchanges at the same time and get the best price for buying and selling cryptocurrencies.
The WordPress plugin automatically finds users the best price for the crypto you are trying to trade. Goren said he had the idea for a while, and once the COVID-19 pandemic hit, earlier this year, he took it as a project.
As a result, operators of these websites with the WordPress plugin already installed, can choose whether or not they charge fees and also set those fees. Also, the plugin is open source and can be customized. In fact, it works with a wide range of wallets.
Similarly, he said he is also considering adding technology-based functionalities from other Draper Goren Holm companies.
Also, see potential in creating a Totle-based plugin. To allow readers to tip content creators with micropayments, without transaction costs turning those tips into dust.
Totle created a really cool way for developers to add a decentralized exchange and get the best prices within their dapps. I had told them that the next thing to do was create a WordPress plugin to make things easier for everyone.And boy, have they succeeded. “
How does it work?
According to Goren, it only takes a few clicks to implement the plugin, and users can choose whether or not to charge fees to monetize and thus generate some extra income.
The plugin finds the best rate to complete an exchange through a connected wallet. Undoubtedly, it works with a wide range of mobile and desktop Web3 wallets, including Metamask, Brave, TrustWallet, Coinbase Wallet, Enjin, and Opera.
For now, the WordPress plugin allows people to exchange various cryptos, including Ethereum (ETH), DAI, Basic Attention Token (BAT), and Wrapped Bitcoin (WBTC), a crypto built in Ethereum but that keeps a value of 1: 1 with BTC. , using someone’s WordPress site that has the plugin installed.
“We will see adding other cryptocurrencies to the list of currencies supported by Wpcryptoexchange in the near future.”
The WordPress plugin team expressed
Since the initial launch, Goren revealed on June 19, the Crypto Exchange WordPress plugin now has approximately 300 active installs.
“I just checked and there are over 300 active installations of the Crypto Exchange WordPress plugin”Goren tweeted.
To conclude, Alon Goren explained that WordPress was chosen due to its overwhelming popularity:
“WordPress feeds 37% of the web and is, without a doubt, the easiest and most customizable solution so that anyone can boost their websites and what better opportunity for cryptocurrencies is that a plugin of these characteristics is part of this ecosystem.”